The utilitarian–maximin social welfare function and anomalies in social choice

The utilitarian–maximin social welfare function and anomalies in social choice
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功利主义——最大化社会福利函数与社会选择的异常

DOI:
10.1002/soej.12464
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发表时间:
2020
影响因子:
1.9
通讯作者:
Byung
Byung
中科院分区:
经济学4区
文献类型:
--
作者:
Mark Schneider;Byung

文献摘要

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分配正义的两个主要标准是功利主义标准和最小化标准。我们提供了一个简单的公理化的混合功利主义最大化的社会福利函数的特征。这个社会福利函数解释了最近违反标准基数社会选择理论的经验,如社会阿莱悖论和社会共同比率效应。此外,它还为社会财富分配的正向倾斜提供了新的基础。它还为机制设计应用提供了一个目标函数,可以在最大化盈余和最小化不平等之间进行权衡。
Two major criteria of distributive justice are the utilitarian criterion and the maximin criterion. We offer a simple axiomatic characterization of a mixed utilitarian–maximin social welfare function. This social welfare function explains recent empirical violations of the standard cardinal social choice theory such as the social Allais paradox and the social common ratio effect. In addition, it offers a new foundation for the positively skewed wealth distributions in society. It also provides an objective function for mechanism design applications that trades off maximizing surplus and minimizing inequality.